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GM, Ford Hit by C-19 Virus; VW, Daimler, Auto Industry Reel in Impact of Corona Pandemic
The auto industry is now feeling the weight of the ongoing C-19 pandemic, with veteran automakers Volkswagen and Daimler announcing they will be suspending production in their European facilities.
Coronavirus Could Cost the U.S. Auto Industry More Than a Million Sales
Car dealerships are expecting to feel the pinch from coronavirus control policies as U.S. state governments have begun calling for lockdowns of walk-in businesses. Dealers, like other retail outlets, will begin to see the impacts of social distancing in the coming weeks.
Daimler Takes Further Measures in Response to the COVID-19 Pandemic
Due to the worsening situation of the COVID-19 pandemic, the Daimler Group decided March 17 to suspend the majority of its production in Europe, as well as work in selected administrative departments, for an initial period of two weeks.
Market Tsunami Sweeps Over Collision Industry
The last month’s all-but-unprecedented plunge in market confidence has prompted the Federal administration to request $850B in support for the economy including $50B for the airline industry and $250B for small business loans. The macro impact to the economy of all the closures is being played out in business pressure on companies large and small.
AIAG Celebrates Women’s History Month with Charitable Donation
In recognition of Women’s History Month, the Automotive Industry Action Group (AIAG) is celebrating the extraordinary achievements of women who volunteer their time and expertise at the organization in support of the automotive industry.
ALG Provides Updated 2020 New Vehicle Sales Forecast Based on Projected Short-Term and Long-Term Impact of COVID-19
ALG, a subsidiary of TrueCar, and the industry benchmark for determining the future resale value of a vehicle, is providing an updated 2020 new vehicle sales forecast to account for the quickly evolving Coronavirus pandemic and the latest economic outlook.
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On the Lighter Side: Amateur Guy Builds 1000 HP Custom Pontiac Trans Am in His Garage
You’ve probably wondered what it takes to build a car, and you might even know it. However, have you ever wondered what it takes to build a car such as this one by yourself?
Why Driver-Assist Systems are Flawed
ASE Education Foundation to Hold Seventh Annual Training Conference for Automotive Instructors
The ASE Education Foundation will hold its seventh annual Instructor Training Conference, July 14 through July 17 at the Embassy Suites Hotel in Frisco, Texas.
Automotive Body Parts Association Denied By Supreme Court in Ford Parts Patent Fight
The U.S. Supreme Court refused to consider an automotive trade group’s challenge to design patents covering parts for Ford Motor Co.'s F-150 pickup truck.